Market Overview
Home Prices in Las Vegas, NV
The median home value in Las Vegas, NV is $425,535 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.1% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Las Vegas are priced4% above average. Las Vegas is part of the Las Vegas-Henderson-Paradise, NV metro area.
Over the past five years, Las Vegas home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Las Vegas Home Price Trend
City Comparison
Las Vegas vs. National Median
At $425,535, homes in Las Vegas cost 4% above the national median of $410,000. Buyers in Las Vegas should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Las Vegas?
20% Down Payment
$85,107
on $425,535
Monthly P&I
$2,219/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,818/mo
incl. taxes & insurance
Income Needed
$112,720
gross annual (30% rule)
10% Down Option
$42,554
+ PMI applies
Loan Amount (20% dn)
$340,428
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Las Vegas, NV?
The median home value in Las Vegas is $425,535 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.1% year-over-year.
How much have home prices changed in Las Vegas?
Over the past year, home values in Las Vegas have decreased by 3.1%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Las Vegas?
To comfortably afford the median home price of $425,535 with a 20% down payment ($85,107) at today's rates (6.8%), you'd need a gross annual income of approximately $112,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Las Vegas compare to the national average home price?
The national median home value is approximately $410,000. At $425,535, homes in Las Vegas are 4% above the national average.
What metro area is Las Vegas part of?
Las Vegas is part of the Las Vegas-Henderson-Paradise, NV metropolitan area. Home prices and market conditions can vary across the broader metro region.